Is East Canton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Canton has remained a Seller's Market.
Housing Prices in East Canton, OH
How much do homes in East Canton, OH cost?
Median Sold Price
$183,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Canton was $183,000 in May 2024, down 1.1% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $69.5K | $83K | +19.4% |
2 Bedrooms | $137.3K | $97.5K | -29.0% |
3 Bedrooms | $186K | $194.5K | +4.6% |
4 Bedrooms | $197.4K | $177K | -10.4% |
5+ Bedrooms | $484.9K | $224.5K | -53.7% |
Summary: East Canton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes decreased by 29%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 53.7%.
Median Sold Price Compared To Nearby Cities
Osnaburg Township | $189.4K | $199K | +5.0% |
East Canton | $185K | $183K | -1.1% |
Housing Supply in East Canton, OH
How many homes are available in East Canton, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The East Canton real estate market had 20 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 6 | 3 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Canton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in East Canton in May 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for East Canton, OH
How long does it take to sell a home in East Canton, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 29 Days | -6.8% |
Summary: Homes in East Canton had an average of 29 days on market in May 2024, down by 6.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in East Canton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.